Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

VaST Systems Technology

Explore full profile

Builds and markets design tools and intellectual property to support the engineering of mixed-technology systems

Sunnyvale, United StatesFounded 1997Semiconductors
Valuation $50–100M Last recorded · 2007
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for VaST Systems Technology and the history behind them.

About VaST Systems Technology

VaST Systems Technology Corporation operated in the semiconductor and electronic design automation (EDA) sector, providing tools and models for embedded systems design. Founded in 1997 by Graham Hellestrand, the company was based in Sunnyvale, California. Hellestrand, who served as president and CEO, based the company on research he conducted as a professor of computer science and engineering at the University of New South Wales in Australia.

The company specialized in solutions for electronic systems virtualization, enabling developers to create virtual prototypes of systems-on-a-chip (SOCs). This technology allowed for software development to begin much earlier—up to nine to twelve months before the physical silicon chip was available—significantly accelerating the development cycle for electronics in the automotive and consumer markets. VaST's core business involved supplying these advanced ESL (Electronic System Level) engineering tools and models to companies manufacturing high-performance, real-time electronic systems. Its client base included system architects, hardware designers, and software developers.

VaST developed a suite of products, including CoMET, a system engineering tool for creating software simulation-based virtual prototypes, and METeor, a complementary software development environment for embedded systems. The METeor environment allowed software engineers to work directly on a virtual target processor, providing insights into the architecture's performance and potential bottlenecks. Another key offering, Metrix, analyzed the behavior and performance of hardware and software components within these virtual prototypes. The company's technology was noted for its high-speed simulation capabilities.

After raising over $24 million in funding from investors including Allen & Buckeridge, Foundation Capital, GoAhead Ventures, and Mohr Davidow Ventures, VaST Systems Technology was acquired by Synopsys, Inc. on February 1, 2010. The acquisition was a strategic move by Synopsys to enhance its virtual prototyping portfolio, particularly by integrating VaST's extensive set of processor sub-system models for the automotive and consumer electronics sectors.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1997
Headquarters
Sunnyvale, United States
Open positions
None listed
Dealroom signal
18.7/100
Industry
Semiconductors
Sector
Semiconductors, Engineering Solutions, Electronics, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing, SaaS
Client focus
b2b
Links
Website

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Feb 2010 $0 — Synopsys —
SERIES D✓Equity / VC Jul 2007 $12M $48M Foundation Capital · Allen & Buckeridge Pty Ltd · Mohr Davidow Ventures · ZenShin Capital —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

VaST Systems Technology website traffic

Latest recorded traffic for VaST Systems Technology is 0 monthly website visits.

Latest monthly visits0
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later4 investors entered at this stage

Other known investors1 additional known investor

  • Synopsys
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Sunnyvale HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about VaST Systems Technology on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See VaST Systems Technology’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.